Industries

Apr 13, 2021
The pandemic has left some B.C. industries languishing while others forge ahead
Frances Bula

Scott Jacob has worked in construction for 30 years. He’s seen a few recessions. But never the kind of meteor hit that happened last March, when pandemic lockdowns and panic arrived in B.C. The company he and his brother run, Jacob Bros Construction, had a dozen contracts for various improvements—parkades, asphalt aprons—at Vancouver International Airport. They were cancelled instantly, stopped mid-project with an urgent request that Jacob get his crews offsite as fast as he could...

Apr 8, 2021
After bagging its first CEO, Herschel Supply plans to go big
Nick Rockel

Herschel Supply Co. looked far and wide for its first-ever CEO, only to find the right person in its backyard. “We hired a New York–based search firm to go scout out the market,” says Lyndon Cormack, co-founder of the Vancouver-headquartered bag maker...

Apr 7, 2021
Vancouver’s Light AI partners with WHL to provide fast, no-swab COVID-19 tests
Nathan Caddell

There are plenty of reasons to drop out of university, but Peter Whitehead has one of the better answers when he tells the story of why he left UBC in his third year. “I invented a heart catheter,” Whitehead says, so...

Apr 7, 2021
Pacific Trader: Will Westport Fuel Systems finally deliver on its carbon-cutting promise?
Michael McCullough

The stock: The markets bottomed out on March 23 last year amid the shock of COVID-19’s first wave. As a thought exercise, the Globe and Mail ’s David Milstead ran a screen on the performance of the 231 members of the TSX...

Apr 6, 2021
Pandemic has kicked the luxury real estate market into high gear: report
Nick Rockel

In B.C. and across the country, COVID-19 has created winners and losers. Among the winners is the luxury real estate market, which is booming in Canada’s major cities, thanks to a transformation driven by the pandemic. That’s the takeaway from a...

Apr 1, 2021
Alex Clark’s first company sold for $200 million. Can messaging app Quantum Pigeon serve as his encore?
Nathan Caddell

Alex Clark has done it before. The California native co-founded Internet of Things startup Bit Stew Systems in 2008, shortly after coming to Vancouver from Silicon Valley. One of the early investors in that company had some prudent advice he’s never forgotten. “He said...

Mar 31, 2021
Pacific Trader: Mogo stock has been on a tear. But can the B.C. fintech realize its digital wallet dream?
Michael McCullough

The stock: Bitcoin! Free stock trades! Cash back on mortgages! Local fintech Mogo (TSX:MOGO) certainly seems to be pressing all the right buttons for investors surfing the froth of the past year’s asset rally. And those who’ve held its stock over during that time have definitely been rewarded, with returns in...

Mar 30, 2021
Province sweetens the pot for businesses aiming to cut pollution
By the Editors

If you have any doubt that industry is on board with the B.C. government’s climate change battle, ask Jacques Perron. As part of the Province’s recent announcement that it’s setting sectoral greenhouse gas (GHG) targets and boosting support for cleantech and other businesses aiming to curb emissions, the president and CEO of Pretium Resources explained how his Vancouver-based mining company is benefiting from the CleanBC Industry Fund...

Mar 29, 2021
This female-led B.C. restaurant plans to uplift women and reinvent the business
Nick Rockel

Who launches a restaurant during a pandemic? If that sounds like a crazy idea, Elizabeth Mah, Melissa Steacy and Kelly Ann Woods should convince you otherwise. The three partners will open Cordelia’s Locket, a downtown Squamish café, wine bar and pantry, in May. Besides offering career opportunities to women who have been left jobless and time-strapped by coronavirus outbreak, the female-led enterprise will take a new approach to running a restaurant, drawing on lessons learned from COVID...

Mar 26, 2021
2021 Investment Guide: How to survive the financial apocalypse
Michael McCullough

If you’re at a loss as to where to allocate your savings in 2021, you’re not alone. All the mainstream financial asset classes seem set for a fall. There’s a glaring disparity between the recent performance of the stock market and that of the underlying economy, leading many market veterans...

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